News From Press Axis Mutual Fund eyes Rs 100 cr from Nasdaq 100 fund of fund

Axis Mutual Fund eyes Rs 100 cr from Nasdaq 100 fund of fund

Source: Economic Times Oct 7, 2022

Axis Mutual Fund is targeting to garner Rs 100 crore from its Nasdaq 100 fund of fund during the primary sales period, a company official said on Thursday. The open-ended fund of fund scheme, open for subscription from Friday through October 21, will invest in the overseas units of exchange traded funds (ETFs) focused on the Nasdaq 100 index, the fund house said on Thursday while announcing the NFO from Friday.

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